Commodities Mentioned:
Oil, Natural Gas, MDI, Ethylene, Polyethylene
Companies Mentioned:
Wanhua, Huntsman, Lotte Chemical, Nova Chemicals, GCP Applied Technologies
Daily Chemical Reaction
Crude Humor & Other Chemical Items
An important date for your calendar:
Key Points:
- The uptick in the oil-to-gas ratio this week spurred sector interest – we do not see feedstock benefits pulling chemical sector profit higher anytime soon, and we do not think the current ratio can last.
- Corporate items in the news today target Lotte Chemical M&A ambitions, the Wanhua 4Q19 report and Nova Chemical expansions being put on hold.
- Other items of note today range from the significant pain being felt by US crude exporters to activist pressure at GCP Applied Technologies.
Contact us to subscribe to our services and gain access to full content.